Running a profitable Farm Business is NOT easy. Over the past decade, I’ve had several of my Farm CEOs tell me they struggle to make profits, due to high costs of inputs, harsh and erratic economic conditions (e.g. COVID-19 lockdowns) etc.
Some have to switch to alternative means of livelihood (e.g. working as Contractors) – at least temporarily – to make ends meet.
What I tell them is always that…
“Generating multiple alternative streams of income (to complement your main farm earnings) is the ultimate solution to this problem” – Tayo K. Solagbade
This (Multiple Streams of Income) strategy will work for a farm business, just as well as it does in Real Estate or any other Endeavour.
All you have to do is BE ENTREPRENEURIAL!
“I wanted to be an editor or a journalist, I wasn’t really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going” – Richard Branson.
It goes without saying that:
A. You may have to tweak some to suit your needs.
B. Some may work better for you, than others – depending on your location, the type of farm you run etc.
Now, let’s get started…
Watch the video below…
REQUEST THE FREE PDF EBOOK VERSION:
Email your Name, and WhatsApp No. to tfc9ideas@tksola.com